We know that poor old Freshfields has borne the brunt of commentary regarding its familiarity with tribunals this summer.
But perhaps the magic circle firm should take heart: it’s not alone.
This week has seen a litany of firms suffer court-related problems. Travers Smith has waded into a war of words with the NatWest Three’s lawyers [see story], while US powerhouses Akin Gump and Willkie Farr & Gallagher have both found themselves on the receiving end of client actions this week. Akin Gump is facing an astonishing $4.4bn, yes four point four billion dollar, suit. See story.
And of course, never knowingly following the crowd, Hammonds is suing rather than being sued. Which is a novel twist. And it’s suing a number of former partners, one of whom, Philip Rees, is having a pretty eventful time; he’s just launched a Welsh law firm in London. See story.
Surely, being sued counts as one of those ‘most stressful’ life moments. Hopefully Rees is not planning a marriage/divorce/baby any time soon.
These tales of woe might inspire Schadenfreude in some of our more cynical readers, but we like to think of it as comfort to Freshfields. After all, misery does love company.